INTERSTATE BUSINESS CORP 4
4 · AMERICAN COMMUNITY PROPERTIES TRUST · Filed May 18, 2009
Insider Transaction Report
Form 4
INTERSTATE BUSINESS CORP
10% Owner
Transactions
- Gift
Common Shares
2009-05-14−185,550→ 1,364,426 total
Holdings
- 25,000(indirect: By Equus Management Company)
Common Shares
Footnotes (1)
- [F1]Interstate Business Corporation ("IBC") transferred 185,550 common shares of American Community Properties Trust (the "Company") to a trust established for the sole and exclusive benefit of Stephen K. Griessel, Chief Executive Officers of the Company, an affiliate of IBC, as additional compensation to Mr. Griessel pursuant to his amended and restated employement agreement. IBC has voting control over the shares.